BNB Plummets 10% Amid Binance’s $4.3 Billion Settlement And CEO’s Impending Resignation
Binance Coin (BNB), the native token of the Binance cryptocurrency exchange, has experienced a sharp decline of 10% following reports that Binance
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Binance’s Bitcoin volume plummets after end of zero-commission trading
The drop in Bitcoin (BTC) activity on Binance, a cryptocurrency exchange, has been attributed to the removal of zero-commission trading in September. Bloomberg experts noted a 26% drop in average seven-day volume since the start of September. TrueUSD ended commission-free trading of BTC and stablecoins on Sep. 7, resulting in an
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OPNX’s $30M Hodlnaut bid rejected as FLEX token plummets 90%: Report
The interim judicial managers of the collapsed cryptocurrency lender Hodlnaut have reportedly rejected the latest buyout deal amid the settlement token plummeting 90%.Hodlnaut administrators have opposed the takeover terms from cryptocurrency exchange OPNX, which was established by Kyle Davies and Su Zhu, the co-founders of failed hedge fund Three Arrows
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HEX Plummets 25% Following SEC Lawsuit Against Founder
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Richard “Heart” Schueler and crypto projects HEX, PULSECHAIN, and PULSEX. According to a document filed with a court for the Eastern District of New York and shared on X by economist Alex Krüeger, the regulator is violating U.S. securities
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Venture Capital Funding to Web3 Plummets 76%, Crunchbase Report Shows
Web3 was defined by Crunchbase as cryptocurrency and blockchain startups, which have been hit hard by the ongoing crypto winter. While VC funding has slowed overall, with Crunchbase reporting an 18% drop across all sectors in the second quarter of 2023, crypto-related funding has had a much steeper decline. Meanwhile
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Bored Ape Yacht Club NFT collection plummets over 90% from $600k peak
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied During the weekend, the NFT market witnessed a sharp decline in the floor prices of Yuga Labs’ Bored Ape Yacht Club and Mutant Ape Yacht Club collections, mirroring the ongoing crash in NFT floor prices. The
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BTC Price Plummets Below $25K as Fed Pauses Interest Rate
Following the Fed interest rate pause announcement, the price of BTC broke major price support, raising concerns about a continued decline. The Federal Reserve announced on Wednesday that it would maintain its interest rate at 5.25%, marking the first time since January 2022 that the rate would remain unchanged. According to
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PacWest Bank plummets 50%! How will Bitcoin react?
Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cryptox Markets & Research YouTube channel and explains complex concepts in layperson’s terms, focusing on the cause and effect of traditional financial events on day-to-day crypto activity.PacWest Bancorp’s 50% price decline and the ongoing banking crisis are
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‘WallStreetBets’ Themed Tokens Plummets 90% as Insider Dumps Treasury Holdings
WSB prices fell sharply as the apparent token sale by insiders led to token holders dumping holdings en masse. Source
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Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry – Bitcoin News
Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as regional bank stocks hit new lows. Banking Industry on Edge
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